Memorial Park Conservancy Inc

Analysis

Memorial Park Conservancy Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Memorial Park Conservancy Inc reported income of $10.4m and spending of $25.6m, spending 247% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $9.0m to $10.4m (+16%), an average of +3.7% a year. The sharpest change came in the year to May 2020, when income rose by 134%. Over the whole period it spent 104% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Memorial Park Conservancy Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Lancaster Farmland Trust ($10.3m), Big Sur Land Trust ($10.4m) and Natureserve ($10.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 88% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $953k (3.7% of expenses). Other salaries and wages came to $2.9m. It paid $36k in professional fundraising fees. At year end it held assets of $41.9m against liabilities of $2.7m, net assets of $39.2m. It reported 89 employees.